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"The Richest 1%"

Posted on 01/12/2003 11:13:54 AM PST by StoneColdTaxHater

Is anyone else as sick of hearing about the "richest 1%" and their tax cuts as I am? Why shouldn't they get a tax cut, they pay most of the taxes. The richest 1% create jobs. I am so sick of the RATS class warfare I could puke. The sad thing is that many Americans fall for it every time.


TOPICS: Business/Economy
KEYWORDS: taxcuts
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1 posted on 01/12/2003 11:13:55 AM PST by StoneColdTaxHater
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To: StoneColdTaxHater
Damn tired of it. BUT...it's not going to work for them anymore because more than half of US have investments of one sort or another.

They better find a new argument.

2 posted on 01/12/2003 11:30:13 AM PST by chiller (could be wrong, but doubt it)
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To: StoneColdTaxHater
As often as the leading Rats repeat their mantra, "Only benefits the wealthy", I was thinking they should just shorten it to "OBW". That would free up a lot of air time for other things.
3 posted on 01/12/2003 11:31:26 AM PST by Welsh Rabbit
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To: StoneColdTaxHater
When solving any large scalle problem, such as the tax problem, you much do things in phases. This eases the transition and allows for minor adjustment. If you pick a piece of the problem and keep chipping away at it eventually the problem will be fixed.

The dems seem to have a philosohy of all or nothing. This goes for taxes, education, and many other issues. If everyone can't be helped all at the same time the dems would rather no one be helped. Had they fixed 20% of the problem one year, another 15% the next and so on there would be no education problem or tax issue. An all or nothing action holds back progress and dooms our future.
4 posted on 01/12/2003 11:36:16 AM PST by Dutch Boy
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To: StoneColdTaxHater
It all seems to be so political, doesn't it?
5 posted on 01/12/2003 11:37:21 AM PST by Six Bells
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To: StoneColdTaxHater
Having a lot of money is having a lot of power.

And power can be used to direct the flow of even more money into the pockets of the rich.

6 posted on 01/12/2003 11:39:30 AM PST by Age of Reason
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To: Welsh Rabbit
The government should give more money to people who earn less, because the poorer the person, the faster they spend their money.

And the spent money goes to those who own businesses.

So the rich still get the money anyway.
7 posted on 01/12/2003 11:41:53 AM PST by Age of Reason
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To: chiller
"it's not going to work for them anymore because more than half of US have investments of one sort or another."

It just might work because a lot of those folks have had losing investments, of late.

8 posted on 01/12/2003 11:43:36 AM PST by Tauzero
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To: StoneColdTaxHater
There is a clear reason why one of the ten commandments is "Thou shalt not covet."
9 posted on 01/12/2003 11:46:44 AM PST by VRW Conspirator
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To: StoneColdTaxHater
The Democrats consider the richest 1% to be anybody making over $16,000 a year.
10 posted on 01/12/2003 11:47:55 AM PST by Husker24
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To: VRW Conspirator
I feel it will resonate eventually because like it or not a good portion of the electorate are ignorant sheep who never research anything, they just do what the idiot box tells them
11 posted on 01/12/2003 11:49:30 AM PST by StoneColdTaxHater
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To: StoneColdTaxHater
I think that it would be a great strategy to sell this tax cut by having photograph's of married couples, firemen, police officers, teachers, military personal, and showing how much them make a year.

Let the people know just who is "rich" according to DNC standards.

12 posted on 01/12/2003 11:51:03 AM PST by mware
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To: StoneColdTaxHater
They have been saying for the past twenty years that Republicans were going to kill their children, throw the old out into the streets, and clear the entire Earth of foliage. It hasn't happened yet. I hope that Americans see all of this for what it is.
13 posted on 01/12/2003 11:51:10 AM PST by Paul Atreides
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To: Age of Reason
Beyond helping those who can't help themselves the government should not "give" money to anyone. The government should let people keep more of the money they have earned. This is why its called a tax cut. Those who don't pay federal income taxes won't benefit directly from a cut in federal taxes but they will benefit from a better economy and more job opportunities.
14 posted on 01/12/2003 11:53:15 AM PST by MarkM
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To: Dutch Boy
The dems seem to have a philosohy of all or nothing. This goes for taxes, education, and many other issues. If everyone can't be helped all at the same time the dems would rather no one be helped.

The leftists economics as a zero-sum game. If you are successful, obviously your success must come at the expense of someone else. Similarly, they see the great success of America as a sort of theft from undeveloped countries, rather than an example for less successful countries to emulate.

The cheerful news is that hating success and rewarding failure doesn't work in the long run. Eventually the leftists always find the failure they seek, regardless of how much wealth and political control they have managed to commandeer. The only variable is how much tyranny, misery and destruction occurs along the way.

As survivors of the former Soviet Union will attest, the price can be rather high.

15 posted on 01/12/2003 11:56:59 AM PST by Interesting Times
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To: Interesting Times
That's "The leftists *see* economics as a zero-sum game..."
16 posted on 01/12/2003 11:58:15 AM PST by Interesting Times
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17 posted on 01/12/2003 11:58:52 AM PST by Mo1 (Join the DC Chapter at the Patriots Rally III on 1/18/03)
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To: StoneColdTaxHater
Just keep these facts handy:

 

Income
Percentile

Taxable
Income

Percent of
Total US Income

Percent of Total
Income taxes paid

Top 1%

$313,469

20.81%

37.42%

Top 5%

$128,336

35.30%

56.47%

Top 10%

$92,144

46.01%

67.33%

Top 25%

$55,225

67.15%

84.01%

Top 50%

$27,682

87.01%

96.09%

 

18 posted on 01/12/2003 11:59:35 AM PST by RightOnTheLeftCoast
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To: Paul Atreides
Why can't everybody keep this tax spin debate honest? Tax breaks are for taxpayers. Tax breaks for the poor is WELFARE. My youngest son has four kids, pays no income tax and gets about $4,000 per year back from the earned income credit! That's welfare in my book. Now the dems want to give him a payroll deduction rebate . Then he'll not have to pay much into social security.
19 posted on 01/12/2003 12:02:53 PM PST by umgud
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To: StoneColdTaxHater
If tax cuts are good, why are we borrowing money to finance the government???
20 posted on 01/12/2003 12:05:33 PM PST by cynicom
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